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cover of episode What Do I Need to Know Before My Child Starts the FAFSA?

What Do I Need to Know Before My Child Starts the FAFSA?

2023/3/17
logo of podcast iWealth

iWealth

Shownotes Transcript

Strictly speaking, filling out the FAFSA is not required to attend college. However, the FAFSA is a requirement for most need-based financial aid and many scholarship programs.

83.8% of first-time, first-year undergraduate students receive financial aid in some form. Each student borrows an average of $11,836 annually to pay for school. Public university attendees borrow an average of $30,030 each to attain a bachelor's degree.

Given the high tuition, even a family with solid financial standing can qualify. Give iWealth a call with your financial questions.